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Electronic vouchers to support rural economies

Electronic vouchers to support rural economies
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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Ministry urges calm amid TAIEX rout

Ministry urges calm amid TAIEX rout
ECONOMIC BACKBONE:
While restrictions would weigh on catering and tourism, high-tech firms in the Hsinchu Science Park might face fewer disruptions, an official said
By Chen Cheng-hui / Staff reporter
The Ministry of Finance on Saturday urged investors to stay calm after a spike in domestic COVID-19 infections and a global technology shares selloff unnerved the local stock market last week.
The ministry said that Taiwan’s economic fundamentals remain sound.
The Liberty Times (the Taipei Times’ sister newspaper) reported yesterday that Deputy Minister of Finance Frank Juan (阮清華) said that the government would pay close attention to the developments of the local stock market and the COVID-19 situation, adding that the National Stabilization Fund, of which Juan is the executive secretary, might hold an impromptu committee meeting on whether action is necessary. ....

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Virus jitters send TAIEX plummeting

The TAIEX yesterday sank by 680.76 points, or 4.11 percent, to close at 15,902.37 points, the second-
largest one-day drop after a fall of 696 points on Jan. 30 last year, amid concern over the rising number of local COVID-19 infections, analysts said.
The weighted index, which closed at 16,583.13 points on Tuesday, opened down and lost 300 points in the first 15 minutes of trading, before climbing to 16,550 points at 9:46am, Taiwan Stock Exchange (TWSE) data showed.
However, it lost its footing again, plunging 1,400 points to 15,165.27 points at 11:25am. That represented a drop of 9 percent the largest ....

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